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keel
Ledger
64,754,296
Methodology
1.0.8-draft
Age
7s

USDM against USDC — what depth stands behind this price?

All assets

USDM / USDC

GDHD…USDM

Risk band

Medium

partial confidence

A floor: the real band can only be worse.

Max safe collateral
1,504.44 USDC (shortened; full value 1504.4411197522646067711032145957082524540944546098985 USDC)Limited by liquidation depth
Depth within 5%
buy471,084.68 USDC (shortened; full value 471084.6857494990008463341024992601 USDC)sell3,000.65 USDC (shortened; full value 3000.659566473118853567391689614881344501986708653381 USDC)
Cost to move +50%
471,076.90 USDC (shortened; full value 471076.90911563000074001349072 USDC)Reachable through the order book
Checks
1 triggered3 not evaluated

Buy-side depth

What an order can absorb before the price moves against a buyer. The rungs are nested, so one scale covers all three.

Lower at the end of the window than at its start

Lowest
3.09 USDC (shortened; full value 3.0949503261041438546871853414 USDC)
Highest
471,092.95 USDC (shortened; full value 471092.9558726245549359865608492222 USDC)
2026-10-02T23:54:22Z — 2026-10-03T19:39:27ZOne scale across every line on this chart
2% from mid
3.09 USDC (shortened; full value 3.0949503261041438546871853414 USDC)
5% from mid
471,084.68 USDC (shortened; full value 471084.6857494990008463341024992601 USDC)
10% from mid
471,092.35 USDC (shortened; full value 471092.3589940499261225801483094501 USDC)
2 readings from horizon, with no gaps reported. One source per chart.

Checks

What fires now, how long it has been firing across the window above, and what could not run.
Thin depth at 5%nowTHIN_DEPTH_5PCTthroughout

Not evaluated3

  • No genuine trade in 30 days
  • No genuine trade in 7 days
  • Volume may be wash traded

Evidence

The figures behind the verdict, as the engine served them.

Read cost together with reachability: a figure on an unreachable rung says how far the book goes, not what the move costs.

Cost to move the price by each delta, through all venues and through the order book alone, with whether the target is reachable at all.
MoveTarget priceCost, all venuesCost, order book only
+50%1.448944 USDC (shortened; full value 1.448944025450022 USDC)471,148.34 USDC (shortened; full value 471148.3436054717339554505330459155 USDC)471,076.90 USDC (shortened; full value 471076.90911563000074001349072 USDC)
+100%1.931925 USDC (shortened; full value 1.931925367266696 USDC)471,208.63 USDC (shortened; full value 471208.6344478300811484836969314118 USDC)471,076.90 USDC (shortened; full value 471076.90911563000074001349072 USDC)
+1,000%10.625589 USDC (shortened; full value 10.625589519966828 USDC)471,814.00 USDC (shortened; full value 471814.0008271134345498749197274321 USDC)471,076.90 USDC (shortened; full value 471076.90911563000074001349072 USDC)
+10,000%97.562231 USDC (shortened; full value 97.562231046968148 USDC)473,956.58 USDC (shortened; full value 473956.5889364940893323343684882491 USDC)471,076.90 USDC (shortened; full value 471076.90911563000074001349072 USDC)

Reachability on the all-venues ladder is unconditionally true whenever an active pool exists, because a constant product curve has no upper price bound. The order-book-only column is the one that answers whether a target is attainable, and it is the one Keel itself uses.

Highest price the book can reach
not computed

Absorbing every ask. Not computed when an active pool exists, because a constant product curve has no highest price

Cost to reach it
not computed

Every ask below that price. Catches an attack that lands between two rungs of the ladder